Result of AGM

RNS Number : 1672N

Tracsis PLC

18 January 2023

 

18 January 2023

Tracsis plc

("Tracsis" or the "Group")

Result of AGM

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, confirms that at its Annual General Meeting held earlier today, all resolutions were duly approved.

Enquiries:
Tracsis plc	Tel: [phone]
Chris Barnes, CEO
Andy Kelly, CFO
finnCap Ltd	Tel: [phone]
Christopher Raggett/Charlie Beeson, Corporate Finance
Andrew Burdis/Sunila de Silva, Corporate Broking
Alma PR	Tel: [phone]
David Ison/Hilary Buchanan/Joe Pederzolli	[e-mail]

Notes to editors:  

· Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytic/GIS services for the rail, traffic data and wider transport industries.

· Tracsis' products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision-making capabilities, and improve the overall customer experience for clients and customers. 

· The Group is split into two principal operating areas built around detailed industry knowledge and expertise:

-   Rail Technology & Services:   Software, technology and product led business. It develops and supplies software that solves complex resource, asset optimisation and control problems for Train Operators and Smart Ticketing, Delay Repay and other retail software to improve the customer experience for rail users. It also develops remote condition monitoring hardware, data acquisition software and safety and risk management software solutions for rail infrastructure providers.

-   Data, Analytics, Consultancy & Events : A largely services led business that focuses on data capture, data analytics, GIS, earth observation, data insights, consultancy and event traffic management within a range of transport and pedestrian rich environments.  The business provides technology and bespoke products and data that underpin large scale intelligent transport system, smart city planning and positive environmental decision making.

· Tracsis has a blue-chip client base which includes all major UK transport owning Groups, Network Rail, Passenger and Freight Train Operating Companies, the Department for Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies. In North America our clients include Class 1 rail freight companies, transit operators, shortline railroads and several large rail served ports and industrials.

· The business drives growth both organically and through acquisition and has made seventeen acquisitions since 2008.

For more information on Tracsis please visit  http://www.tracsis.com

 

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